Drosera microphylla, the golden rainbow, is an erect perennial tuberous species in the carnivorous plant genus Drosera. It is endemic to Western Australia and grows on granite outcrops or in sandy or laterite soils. D. microphylla produces small, circular, peltate carnivorous leaves along erect stems that can be 10–40 cm (4–16 in) high. It blooms from June to September, displaying its large golden sepals and smaller, variably-coloured petals. In populations near Perth, the petals are red, whereas petal colour near Albany tends to be orange. Some plants east of Esperance have white petals.

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